March 17, 2017
When it comes to technical analysis, it’s very easy to become overwhelmed with the shear number of indicators. Everything from Bollinger Bands and MACD, to moving averages and accumulation/distribution lines can make even the most seasoned pros a bit cross-eyed and batty after awhile.
March 15, 2017
One of the rarest precious metals is having its best showing in years.
Not even gold (up 10% from a low of $1,146.50), silver (up 15% from $15.94) or even copper (up 6% from a low of $2.448) can touch it.Read More
March 10, 2017
No one has ever been a big fan of taxes. But we have no choice. It is what it is. It’s one of life’s certainties next to death.
While we typically talk about technical patterns here, we wanted to offer some key advice when you move to file your return:Read More
March 8, 2017
“Be fearful when others are greedy and greedy when others are fearful.”
That’s one of the trading philosophies of billionaire Warren Buffett.Read More
March 3, 2017
There are hundreds – if not thousands -- of ways to study a chart.
Look through Steve B. Achelis’ Technical Analysis from A to Z if you have a chance. There are nearly 330 pages worth of examples, including the Parabolic SAR, or the Parabolic Stop and Reverse, which can help indicate momentum. It can also be used to indicate a higher probability of pivoting and switching direction.Read More
March 1, 2017
It’s hard to argue the Bitcoin has become one of the most volatile – but rewarding currencies of the last year. Up nearly 180% in a year, there are no clear signs the rally could stall.
Instead, should momentum continue, the crypto-currency could hit $1,216 before long.Read More
February 24, 2017
When it comes to technical analysis, there are thousands of patterns to watch for, decipher and understand along the way.
They’re not so tough to understand.
In fact, one of the easiest ones to understand is the channel, defined as two parallel trend lines within a tight trading range. The upper line connects the price peaks in the channel while the lower line connects the price lows.Read More
February 22, 2017
As it turns out, Americans still love their coffee.
In December 2016, a predicted surplus coupled with a stronger U.S. dollar, sent coffee prices screaming to a low of $1.42. But it was at that point that coffee hit an unsustainable low with incredibly oversold momentum metrics, including Relative Strength, MACD and Money Flow.Read More